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11 October 20213 minute read

DLA Piper advises LINET Group on a syndicated corporate financing

DLA Piper has advised European health care group LINET Group SE on an international syndicated corporate financing provided by Commerzbank Aktiengesellschaft, Comercni banka, Citibank, Deutsche Bank and Ceska sporitelna.

LINET is a major European manufacturer of hospital and nursing beds. The company’s portfolio includes solutions designed for intensive care, products for regular in-bed treatment and also special beds for old people’s homes and long-term care facilities. Moreover, LINET offers smart applications such as SafetyMonitor and SafeSense, as well as solutions for gynecology and obstetrics.

"We are very pleased to have added another health care deal to our track record of financings in the sector. The life sciences and health care industries are an important driver of the current economic recovery and with our international sector expertise, we are well positioned to create additional value for our clients," said DLA Piper partner Dr Wolfram Distler.

The international DLA Piper team was led by partner Dr Wolfram Distler (Finance) and also included partners Marie-Theres Rämer (Tax, both Frankfurt), Lex Oosterling (Amsterdam), Giovanni Luigi Ragnoni Bosco Lucarelli (Rome), Johan Mouraux (Brussels), Maud Manon (all Finance), Matthieu Lampel (both Paris) and Miroslav Dubovský (both Corporate, Prague), senior associates Pierre Tardivo (Paris) and Gianfranco Giorgio (both Finance, Rome), legal directors Claudio D’Alia (Finance, Rome) and Cécile Szymanski (Corporate, Paris), associates Ilgin Ayhan (Frankfurt), Maurice Jeurissen (Amsterdam), Francesco Chericoni (Rome) and Lucas De Four (all Finance, Brussels) and Marcel Janíček (Corporate, Prague) as well as junior associate Mona Keller (Finance, Amsterdam).